24.Mar .2020 19:51

Treasury Notes of GEL 80 000 000 were sold at the Auction

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On March 24, 2020, GEL 80 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Three commercial banks participated in the auction. The total demand amounted to GEL 123 200 000. Minimum yield was 9.120%, maximum yield was 10.950% and the weighted average yield was 9.638%.

The coupon rate was 9.125%. Coupons will be paid semiannually.